We are excited to introduce a major enhancement to Algomojo – the Equity Watchlist feature under My Strategies. This new addition streamlines order execution, improves capital management, and allows traders to manage their equity symbols more efficiently.
🚀 Key Features of the New Equity Watchlist
1️⃣ Advanced Order Parameters
The new Equity Watchlist screen comes with enhanced order parameters, including:
- Order Type: Choose between CNC (Cash and Carry) or MIS (Margin Intraday Square-off) for each trading symbol.
- Price Type: Define market or limit order execution based on your strategy.
- Capital Controls: Assign specific capital amounts per symbol, enabling dynamic quantity calculations.
2️⃣ Dynamic Quantity Calculation
- When capital is defined for a symbol in the watchlist, the system automatically calculates the order quantity, ensuring efficient capital allocation.
- This feature eliminates the need for manual quantity input, reducing errors and improving execution precision.
3️⃣ Bulk Symbol Upload with Capital Allocation
- Easily upload multiple symbols at once along with their respective capital amounts.
- This feature is ideal for traders managing multiple stocks, as it significantly reduces the time required to configure the watchlist.
4️⃣ Seamless Strategy Integration
- The watchlist is directly linked to your strategy execution, ensuring that all order parameters are correctly applied during live trading.
- No need to manually configure order types and capital allocations separately – everything is predefined within the watchlist.
🔍 How to Use the New Equity Watchlist
- Navigate to My Strategies > Watchlist.
- Add trading symbols manually or use the bulk upload feature.
- Set order parameters like Order Type, Price Type, and Capital per symbol.
- Save and apply the watchlist to your strategy.
- The system will dynamically calculate the order quantity based on the assigned capital.
🎯 Benefits of the New Watchlist Feature
✅ Faster Order Execution – No need to manually input order quantities. ✅ Better Capital Management – Allocate capital dynamically per symbol. ✅ Reduced Manual Errors – Predefined parameters minimize execution risks. ✅ Enhanced Strategy Control – Customize execution per stock with precision.
📌 Important Note
As of now, Price Control in Strategy is disabled. This will be enabled once the LIMIT price type is introduced in upcoming updates.
📢 Start Using the Equity Watchlist Today!
The Equity Watchlist is now live on Algomojo! Log in to your account and explore this powerful new feature to optimize your trading strategies.
🔗 Learn More: Algomojo Documentation
Stay tuned for more exciting updates. Happy Trading! 🚀